SEC Info - Gyrodyne, LLC - ‘10-K’ for 12/31/19

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML    806K 
 2: EX-10.13    Material Contract                                   HTML     39K 
 3: EX-10.14    Material Contract                                   HTML     28K 
 4: EX-10.15    Material Contract                                   HTML     29K 
 5: EX-10.17    Material Contract                                   HTML    280K 
 6: EX-10.18    Material Contract                                   HTML     30K 
 7: EX-21.1     Subsidiaries List                                   HTML     19K 
 8: EX-31.1     Certification -- §302 - SOA'02                      HTML     23K 
 9: EX-32.1     Certification -- §906 - SOA'02                      HTML     20K 
42: R1          Document And Entity Information                     HTML     59K 
22: R2          Consolidated Statements of Net Assets (Liquidation  HTML     63K 
                Basis)                                                           
30: R3          Consolidated Statements of Changes in Net Assets    HTML     30K 
                (Liquidation Basis)                                              
60: R4          Note 1 - The Company                                HTML     31K 
41: R5          Note 2 - Summary of Significant Accounting          HTML     39K 
                Policies                                                         
21: R6          Note 3 - Statements of Net Assets in Liquidation    HTML     42K 
29: R7          Note 4 - Estimated Liquidation and Operating Costs  HTML     93K 
                Net of Estimated Receipts                                        
59: R8          Note 5 - Disposition Activities                     HTML     38K 
43: R9          Note 6 - Loan Payable                               HTML     48K 
45: R10         Note 7 - Real Estate                                HTML     37K 
63: R11         Note 8 - Accrued Liabilities                        HTML     31K 
35: R12         Note 9 - Income Taxes                               HTML     25K 
28: R13         Note 10 - Credit Quality of Rents Receivable        HTML     32K 
44: R14         Note 11 - Concentration of Credit Risk              HTML     29K 
62: R15         Note 12 - Commitments                               HTML     64K 
34: R16         Note 13 - Fair Value of Financial Instruments       HTML     31K 
27: R17         Note 14 - Contingencies                             HTML     29K 
46: R18         Note 15 - Related Party Transactions                HTML     44K 
61: R19         Note 16 - Subsequent Events                         HTML     38K 
38: R20         Significant Accounting Policies (Policies)          HTML     56K 
17: R21         Note 4 - Estimated Liquidation and Operating Costs  HTML     86K 
                Net of Estimated Receipts (Tables)                               
51: R22         Note 6 - Loan Payable (Tables)                      HTML     28K 
55: R23         Note 7 - Real Estate (Tables)                       HTML     32K 
37: R24         Note 8 - Accrued Liabilities (Tables)               HTML     29K 
16: R25         Note 10 - Credit Quality of Rents Receivable        HTML     28K 
                (Tables)                                                         
50: R26         Note 12 - Commitments (Tables)                      HTML     51K 
54: R27         Note 15 - Related Party Transactions (Tables)       HTML     35K 
36: R28         Note 1 - The Company (Details Textual)              HTML     34K 
18: R29         Note 2 - Summary of Significant Accounting          HTML     21K 
                Policies (Details Textual)                                       
24: R30         Note 3 - Statements of Net Assets in Liquidation    HTML     52K 
                (Details Textual)                                                
31: R31         Note 4 - Estimated Liquidation and Operating Costs  HTML     89K 
                Net of Estimated Receipts - Changes in Liability                 
                for Estimated Costs in Excess of Estimated                       
                Receipts (Details)                                               
64: R32         Note 5 - Disposition Activities (Details Textual)   HTML     29K 
47: R33         Note 6 - Loan Payable (Details Textual)             HTML     86K 
25: R34         Note 6 - Loan Payable - Loan Maturity (Details)     HTML     39K 
32: R35         Note 7 - Real Estate (Details Textual)              HTML     24K 
65: R36         Note 7 - Real Estate - Real Estate Disclosure       HTML     28K 
                (Details)                                                        
48: R37         Note 8 - Accrued Liabilities - Summary of Accrued   HTML     29K 
                Liabilities (Details)                                            
23: R38         Note 10 - Credit Quality of Rents Receivable -      HTML     23K 
                Allowance for Doubtful Accounts (Details)                        
33: R39         Note 11 - Concentration of Credit Risk (Details     HTML     37K 
                Textual)                                                         
19: R40         Note 12 - Commitments (Details Textual)             HTML     51K 
39: R41         Note 12 - Commitments - Other Commitments           HTML     23K 
                (Details)                                                        
56: R42         Note 12 - Commitments - Allocation of Retention     HTML     28K 
                Bonus (Details)                                                  
52: R43         Note 12 - Commitments - Payments Under Retention    HTML     26K 
                Bonus Plan (Details)                                             
20: R44         Note 14 - Contingencies (Details Textual)           HTML     20K 
40: R45         Note 15 - Related Party Transactions (Details       HTML     39K 
                Textual)                                                         
57: R46         Note 15 - Related Party Transactions - Summary of   HTML     33K 
                Leasing Arrangements (Details)                                   
53: R47         Note 16 - Subsequent Events (Details Textual)       HTML     61K 
49: XML         IDEA XML File -- Filing Summary                      XML    109K 
26: EXCEL       IDEA Workbook of Financial Reports                  XLSX     48K 
10: EX-101.INS  XBRL Instance -- gyro-20191231                       XML    911K 
12: EX-101.CAL  XBRL Calculations -- gyro-20191231_cal               XML     44K 
13: EX-101.DEF  XBRL Definitions -- gyro-20191231_def                XML    948K 
14: EX-101.LAB  XBRL Labels -- gyro-20191231_lab                     XML    606K 
15: EX-101.PRE  XBRL Presentations -- gyro-20191231_pre              XML    948K 
11: EX-101.SCH  XBRL Schema -- gyro-20191231                         XSD    166K 
58: ZIP         XBRL Zipped Folder -- 0001437749-20-006207-xbrl      Zip    108K

‘R12’ — Note 9 – Income Taxes

This is an IDEA Financial Report. [ Alternative Formats ]

Note 9 - Income Taxes

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Income Tax Disclosure [Text Block]

9.	Income Taxes

As a limited liability company, Gyrodyne is

not

subject to an entity level income tax but rather is treated as a partnership for tax purposes, with its items of income, gain, deduction, loss and credit being reported on the Company’s information return, on Form

1065,

and allocated annually on Schedule K-

to its members pro rata.

The Bipartisan Budget Act of

2015

(the

“2015

Act”) changed this procedure for partnership tax audits and audit adjustments for partnership returns of large partnerships for fiscal years beginning after

December 31, 2017.

Pursuant to the

2015

Act, if any audit by the IRS of our income tax returns for any fiscal year beginning after

December 31, 2017

results in any adjustments, the IRS

may

collect any resulting taxes, including any applicable penalties and interest, directly from Gyrodyne. IRS tax audit assessments on tax years beginning

January 1, 2018

will require Gyrodyne to: a) bear any tax liability resulting from such audit, or b) elect to push out the tax audit adjustments to the respective shareholders once it has been calculated at the company level.

Dates Referenced Herein and Documents Incorporated by Reference

This ‘10-K’ Filing	Date	Other Filings

Filed on:	3/26/20
For Period end:	12/31/19
	1/1/18
	12/31/17	10-K
		List all Filings

7 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/01/24  Gyrodyne, LLC                     S-1/A                 12:2.1M                                   RDG Filings/FA
 1/26/24  Gyrodyne, LLC                     S-1/A                 13:2.1M                                   RDG Filings/FA
 1/23/24  Gyrodyne, LLC                     S-1/A                 13:864K                                   RDG Filings/FA
12/29/23  Gyrodyne, LLC                     S-1                    3:624K                                   RDG Filings/FA
 3/30/23  Gyrodyne, LLC                     10-K       12/31/22   61:4.4M                                   RDG Filings/FA
 3/30/22  Gyrodyne, LLC                     10-K       12/31/21   62:4.4M                                   RDG Filings/FA
 4/13/21  Gyrodyne, LLC                     10-K       12/31/20   69:5M                                     RDG Filings/FA

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Filing Submission 0001437749-20-006207 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Gyrodyne, LLC – ‘10-K’ for 12/31/19 – ‘R12’

On: Thursday, 3/26/20, at 3:45pm ET · For: 12/31/19 · Accession #: 1437749-20-6207 · File #: 1-37547

Previous ‘10-K’: ‘10-K’ on 3/28/19 for 12/31/18 · Next: ‘10-K’ on 4/13/21 for 12/31/20 · Latest: ‘10-K’ on 3/29/24 for 12/31/23 · 7 References:

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

‘R12’ — Note 9 – Income Taxes

This is an IDEA Financial Report. [ Alternative Formats ]

Dates Referenced Herein and Documents Incorporated by Reference

7 Subsequent Filings that Reference this Filing

Gyrodyne, LLC – ‘10-K’ for 12/31/19 – ‘R12’

On: Thursday, 3/26/20, at 3:45pm ET · For: 12/31/19 · Accession #: 1437749-20-6207 · File #: 1-37547

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34Filing Table of Contents

‘R12’ — Note 9 – Income Taxes

This is an IDEA Financial Report. [ Alternative Formats ]

Dates Referenced Herein and Documents Incorporated by Reference

7 Subsequent Filings that Reference this Filing

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents